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Organization: Targa Resources Partners
LEI 6OQWTZ1SPC04IFT4T704

Organization name
Targa Resources Partners LP
Country name
USA
Country of registration
USA
Industry
Pipelines
Bond debt
5,034 mln USD

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Profile

Targa Resources Partners LP is a limited partnership formed by Targa Resources, Corp (Targa). The company is a provider of midstream natural gas and natural gas liquid (NGL) services in the United States and is engaged in the business of gathering, compressing, treating, processing and selling natural gas and storing, fractionating, treating, transporting, terminaling and selling NGLs, NGL products, refined petroleum products and crude oil. It operates in two divisions: Natural Gas Gathering and Processing, which include Field Gathering and Processing and Coastal Gathering and Processing, and Logistics and Marketing, which includes Logistics Assets and Marketing and Distribution.

Awards

News

16/02/2024 S&P Global Ratings upgrades Local Currency LT credit rating of Targa Resources Partners to "BBB" from "BBB-"; outlook stable
16/02/2024 S&P Global Ratings upgrades Foreign Currency LT credit rating of Targa Resources Partners to "BBB" from "BBB-"; outlook stable
25/01/2024 Fitch Ratings affirms Targa Resources Partners at "BBB-" (LT Int. Scale (foreign curr.) credit rating); outlook positive
25/01/2024 Fitch Affirms Targa's Ratings at 'BBB-'; Outlook Remains Positive (Rating action commentary)
07/11/2023 Moody's Investors Service revised outlook on Targa Resources Partners to positive and affirmed at "Baa3" (LT- local currency) credit rating
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Documentation

IFRS/US GAAP reports

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2014
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Codes

  • LEI
    6OQWTZ1SPC04IFT4T704
  • SIC
    4922 NATURAL GAS TRANSMISSION
  • ICB
    7,500 Utilities
  • CIK
    0001379661

Credit and ESG Ratings

Macroeconomic Indicators - Targa Resources Partners

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